of February 6, 2006 No. 23-0504/5524
(extraction)
According to the petition of the liquidating managing director in case of detection of property of the absent debtor by it the economic court can take out determination about the termination of the simplified insolvency proceeding and transition to general procedures of bankruptcy.
The applicant - BEND the Nukus district the application to the debtor of JV P for recognition by the bankrupt according to the simplified procedure is submitted to economic court.
The decision of economic court of JV P it is declared bankrupt according to the simplified procedure and liquidating production is opened.
Determination of economic court concerning the debtor stops the simplified insolvency proceeding, and it is translated to general procedures of bankruptcy.
S Ltd addressed with the writ of appeal about cancellation of the judgment and determination.
Judicial board having discussed arguments of the writ of appeal, having checked case papers, considers necessary the writ of appeal to satisfy, to cancel the judgment and determination and to send case for new trial on the following bases.
As it is seen from case papers, as of August 20, 2005 the debt of JV P to the budget constituted 36825500 bags, and the property was absent in this connection BEND the Nukus district appealed to economic court with the statement for recognition of the debtor by the bankrupt on the simplified procedure for Art. 185 of the Law of the Republic of Uzbekistan "About bankruptcy".
The decision of economic court of October 19, 2005 JV P was declared bankrupt according to the simplified procedure, liquidating production is opened, the liquidating managing director it is appointed And.
Due to the detection of property of the debtor, on December 21, 2005 according to the petition of the liquidating managing director, the court takes out determination about the termination of the simplified procedure and transition to general procedures of bankruptcy.
By consideration by Trial Court of the statement BEND about recognition of JV P by the bankrupt according to the simplified procedure, regulations of the substantive right are roughly broken.
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system
If you cannot find the required document, or you do not know where to begin, go to Help section.
In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.
You also may open the section Frequently asked questions. This section provides answers to questions set by users.